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					<dc:identifier>http://www.legislation.gov.uk/asp/2025/15/section/8</dc:identifier><dc:title>Land Reform (Scotland) Act 2025</dc:title><dc:publisher>Statute Law Database</dc:publisher><dc:modified>2026-03-16</dc:modified><dc:contributor>Expert Participation</dc:contributor><dct:valid>2026-03-16</dct:valid>
					
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					<ukm:PrimaryMetadata><ukm:DocumentClassification><ukm:DocumentCategory Value="primary"/><ukm:DocumentMainType Value="ScottishAct"/><ukm:DocumentStatus Value="revised"/></ukm:DocumentClassification><ukm:Year Value="2025"/><ukm:Number Value="15"/><ukm:EnactmentDate Date="2025-12-16"/><ukm:ISBN Value="9780105904441"/></ukm:PrimaryMetadata>
					

                    
									 
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				</ukm:Metadata><Primary><Body DocumentURI="http://www.legislation.gov.uk/asp/2025/15/body" IdURI="http://www.legislation.gov.uk/id/asp/2025/15/body" NumberOfProvisions="162" RestrictExtent="S" RestrictStartDate="2026-03-16"><Part DocumentURI="http://www.legislation.gov.uk/asp/2025/15/part/1" IdURI="http://www.legislation.gov.uk/id/asp/2025/15/part/1" NumberOfProvisions="72" id="part-1" RestrictExtent="S" RestrictStartDate="2026-03-16"><Number>Part 1</Number><Title>Land reform</Title><Chapter DocumentURI="http://www.legislation.gov.uk/asp/2025/15/part/1/chapter/2" IdURI="http://www.legislation.gov.uk/id/asp/2025/15/part/1/chapter/2" NumberOfProvisions="2" id="part-1-chapter-2" RestrictExtent="S" RestrictStartDate="2026-03-16"><Number>Chapter 2</Number><Title>Functions of the Land Commissioners</Title><P1group RestrictExtent="S" RestrictStartDate="2026-03-16"><Title>Functions of the Land Commissioners: natural capital markets</Title><P1 DocumentURI="http://www.legislation.gov.uk/asp/2025/15/section/8" IdURI="http://www.legislation.gov.uk/id/asp/2025/15/section/8" id="section-8">
<Pnumber><CommentaryRef Ref="key-920a972c9326af96b8e488451bde0a9f"/><CommentaryRef Ref="key-1034755f1894b0ae31d209e5c0d2fb53"/>8</Pnumber>
<P1para>
<P2 DocumentURI="http://www.legislation.gov.uk/asp/2025/15/section/8/1" IdURI="http://www.legislation.gov.uk/id/asp/2025/15/section/8/1" id="section-8-1">
<Pnumber>1</Pnumber>
<P2para>
<Text>The Land Reform (Scotland) Act 2016 is modified as follows.</Text>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/asp/2025/15/section/8/2" IdURI="http://www.legislation.gov.uk/id/asp/2025/15/section/8/2" id="section-8-2">
<Pnumber>2</Pnumber>
<P2para>
<Text>In section 22 (functions of the Land Commissioners)—</Text>
<P3 DocumentURI="http://www.legislation.gov.uk/asp/2025/15/section/8/2/a" IdURI="http://www.legislation.gov.uk/id/asp/2025/15/section/8/2/a" id="section-8-2-a">
<Pnumber>a</Pnumber>
<P3para>
<Text>in subsection (5), after paragraph (d) insert </Text>
<BlockAmendment PartialRefs="p10002" Context="main" Format="default" TargetClass="primary" TargetSubClass="unknown">
<Text id="p10002">,</Text>
<P3>
<Pnumber>e</Pnumber>
<P3para>
<Text>the effects of natural capital markets in relation to other matters relating to land in Scotland.</Text>
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<AppendText>,</AppendText>
</P3para>
</P3>
<P3 DocumentURI="http://www.legislation.gov.uk/asp/2025/15/section/8/2/b" IdURI="http://www.legislation.gov.uk/id/asp/2025/15/section/8/2/b" id="section-8-2-b">
<Pnumber>b</Pnumber>
<P3para>
<Text>after subsection (5) insert—</Text>
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<P2>
<Pnumber>6</Pnumber>
<P2para>
<Text>In subsection (5) “<Term>natural capital market</Term>” means the trading of units or credits which are generated through a registration scheme for projects to restore or improve the natural environment.</Text>
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<AppendText>.</AppendText>
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</P1></P1group></Chapter></Part></Body></Primary><Commentaries><Commentary Type="I" id="key-920a972c9326af96b8e488451bde0a9f"><Para><Text>S. 8  not in force at Royal Assent, see <CitationSubRef id="n52df511c558c2075" SectionRef="section-47-2" URI="http://www.legislation.gov.uk/id/asp/2025/15/section/47/2" Operative="true">s. 47(2)</CitationSubRef></Text></Para></Commentary><Commentary id="key-1034755f1894b0ae31d209e5c0d2fb53" Type="I"><Para><Text><CitationSubRef SectionRef="section-8" URI="http://www.legislation.gov.uk/id/asp/2025/15/section/8" id="c4fbzwnz6-00008">S. 8</CitationSubRef> in force at 16.3.2026 by <Citation URI="http://www.legislation.gov.uk/id/ssi/2026/119" Class="ScottishStatutoryInstrument" Year="2026" Number="119" Title="The Land Reform (Scotland) Act 2025 (Commencement No. 1) Regulations 2026" id="c4fbzwnz6-00009">S.S.I. 2026/119</Citation>, <CitationSubRef SectionRef="regulation-2-1" URI="http://www.legislation.gov.uk/id/ssi/2026/119/regulation/2/1" CitationRef="c4fbzwnz6-00009" Operative="true" id="c4fbzwnz6-00010">reg. 2(1)</CitationSubRef><CitationSubRef SectionRef="regulation-2-2-a" URI="http://www.legislation.gov.uk/id/ssi/2026/119/regulation/2/2/a" CitationRef="c4fbzwnz6-00009" id="c4fbzwnz6-00011">(2)(a)</CitationSubRef></Text></Para></Commentary></Commentaries></Legislation>